Wednesday, August 4, 2021
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Factory orders provide inventory stability and customer loyalty

New car and used car inventories are strained for many dealerships across North America and many other markets worldwide. The chip shortage has put carmakers in a tough spot, although the chips are starting to flow to factories. But it will be months until stock is replenished on dealership lots and retailers are definitely feeling […]
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General Motors mostly agrees to emissions standards

On Wednesday, General Motors CEO Mary Barra penned a letter to Michael Regan, the chief of the Environmental Protection Agency, stating that the automaker...

Ford demonstrates adaptability with 2022 Ford Maverick

On June 8, Ford officially debuted the 2022 Maverick compact pickup that’s been a poorly kept secret for months. Bringing a new entry-level truck...

Which major automakers performed the best in May 2021?

With automotive factories crippled by the chip shortage and closed showrooms, it would make sense to see passenger car and SUV sales dive, but...

Ford’s Andrew Ashman discusses the value of revamping the CPO buying journey

Today on CBT News, Andrew Ashman joins the show to discuss the importance of the used-vehicle market. Ashman serves as the U.S. Used Vehicle...

How car dealers are adjusting to Volvo’s electric future – Ernie Norcross, Chairman of the Volvo Retail Advisory Board

Volvo recently announced plans to go “fully electric” with sales moving entirely online by 2030. Many Volvo car dealers are concerned about how this...

Ford to introduce the F-150 Lightning EV on May 19

Ford Motor Co. has announced plans to reveal its highly anticipated battery-electric pickup called the F-150 Lightning. The new EV will be introduced to...

General Motors CEO Mary Barra’s pay increased to $23.7M in 2020

General Motors CEO Mary Barra experienced a pay raise in 2020. Barra remained the highest-paid CEO of the major Detroit automakers last year, earning...
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